National Academy of Economic Sciences warns of dollarization costs and proposes multi-currency regime

The Daily Journal.- The National Academy of Economic Sciences (ANCE) warned that full and formal dollarization of the Venezuelan economy could quickly curb inflation but would significantly limit the country’s economic policy tools. Instead, it proposed establishing a multi-currency or dual-currency regime. In a document released amid debate over officially adopting the U.S. dollar as […]

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NABEP aims to produce 500,000 barrels per day by 2028

The Daily Journal.- North American Blue Energy Partners (NABEP), the oil company backed by the Donald Trump administration to develop oil fields in Venezuela, expects to increase its crude production to 500,000 barrels per day (bpd) by the end of 2028, more than double the approximately 200,000 bpd it currently produces, according to a Bloomberg […]

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Venezuela’s oil production reached 1.201 million bpd in August

The Daily Journal. — Venezuela’s oil production reached 1.201 million barrels per day (bpd) in August 2026, according to a report released Thursday by the Organization of the Petroleum Exporting Countries (OPEC). The figure represents a slight increase of 1,000 bpd from the 1.200 million bpd Venezuelan authorities reported in July, keeping output above the […]

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Sidor workers denounce precarious labor conditions and deteriorating company services.

The Daily Journal.- The Guayana Grassroots Workers’ Social Movement denounced alleged labor irregularities at Siderúrgica del Orinoco “Alfredo Maneiro” (Sidor) on Thursday and warned about deteriorating services for workers and their families. In a statement dated September 10, the organization accused company management of pursuing an alleged policy of “precarious employment conditions” and demanded answers […]

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With three months left in 2026, government has delivered 13% of homes promised to disaster victims

The Daily Journal.- The Venezuelan government has delivered 528 homes to people affected by the earthquakes that struck on June 24, representing 13.2% of the 4,000 housing units that Delcy Rodríguez’s administration pledged to deliver before the end of 2026. State-run television channel Venezolana de Televisión (VTV) reported the figure on Wednesday during a broadcast […]

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Civil Society Organizations demand environmental safeguards in new oil agreements with the U.S.

The Daily Journal.- Venezuelan organizations Clima21 and the Venezuelan Program for Education-Action in Human Rights (Provea) called on the government to establish environmental and human rights safeguards as it implements new oil agreements and licenses granted to U.S. companies. In a joint statement, the organizations expressed concern over the lack of public information about the […]

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Kamla Persad-Bissessar seeks rapprochement with Delcy Rodríguez

The Daily Journal – Trinidad and Tobago Prime Minister Kamla Persad-Bissessar expressed personal affection for Venezuela’s acting President Delcy Rodríguez and said she is willing to meet with her, signaling an apparent shift toward easing bilateral tensions. When asked whether she had a message for Rodríguez, Persad-Bissessar said: “I love her. I look forward to […]

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Cilia Flores’ defense requests house arrest over heart problems while she awaits trial

EFE.- Cilia Flores, wife of ousted Venezuelan President Nicolás Maduro, asked a New York court on Wednesday to allow her to await trial outside prison due to heart problems. In a court filing, Flores’ defense attorneys requested her transfer to a private residence in New York under house arrest, with armed guards around the clock, […]

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Half of Venezuelans believe the oil deal will benefit the U.S. more than Venezuela

The Daily Journal. — Half of Venezuelans believe the recent oil agreement with Washington will benefit the United States more than Venezuela, according to the latest public opinion survey conducted by AtlasIntel in partnership with Bloomberg (Latam Pulse, August 2026). The study assessed citizens’ perceptions of the bilateral agreement announced by President Donald Trump involving […]

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Peru plans agreement with Venezuela to deport irregular migrants by sea

EFE — Peruvian Interior Minister César Astudillo said Monday that President Keiko Fujimori’s government plans to sign agreements with Venezuela to deport Venezuelans with irregular immigration status by sea, after authorities have so far expelled 1,635 migrants in that situation. During an appearance before the Peruvian Congress’ Defense Committee, Astudillo said authorities had managed, “with […]

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